DebtFloater FundDirect · Growth
Axis Floater Fund - Direct Plan - Growth
Axis · Scheme 149049
₹1,427.96▼ 0.10%NAV · 2026-09-18
Decent FundScore
AUM
₹133 cr
Expense ratio
0.23%
3Y CAGR
8.6%
Risk level
Low to Moderate
Min SIP
₹1,000
Benchmark
CRISIL Short Duration Debt Index
Fund manager: Aditya PagariaExit load: Nil
Decent · 70/100
A solid option with a few areas worth a closer look.
🎯 Suited to short-to-medium horizons and investors wanting stability over growth.
📈 Why it could do well
- ✓Very consistent — delivers dependably across market cycles, ideal for SIPs.
- ✓Protects capital well — worst-ever fall was only 1%.
- ✓Low volatility (2% a year) — a steady, low-drama ride.
- ✓Low cost — 0.23% expense ratio means more of the return stays with you.
- ✓Positive 3Y windows: 100% of rolling 3Y windows positive
- ✓Beat category: beat category in 78% of windows
📉 What could drag it down
- •Weak risk-adjusted returns (Sharpe 0.45) — took on risk without enough payoff.
- •3Y CAGR: +8.6%
- •5Y CAGR: +7.3%
FundScore breakdown
70/100 · Decent
Returns
Weak
Consistency
Excellent
Risk-adjusted
Weak
Downside protection
Excellent
Cost efficiency
Excellent
Portfolio quality
Average
Each dial rates the fund 0–100 on one factor, computed from real NAV history. Fuller & greener = stronger.
SIP return calculator
Back-tested on this fund's actual historical NAVs. Past performance ≠ future returns.